157 Trelawn Avenue, Oakville, ON
Morrison, Oakville · MLS® W13131750
About this home
Recently fully renovated family home in the heart of sought-after Morrison, just steps to the lake and Gairloch Gardens. Offering over 3,106 sqft above grade as per MPAC plus finished basement, this beautifully updated residence combines timeless charm, modern comfort, and an exceptional lifestyle location in one of Oakville's most prestigious neighbourhoods.Thoughtfully designed with 4 bedrooms( 3 bedrooms on main floor, 1 primary on 2nd floor) and 3 bathrooms, the home features a bright and functional layout ideal for family living and entertaining. The open-concept kitchen seamlessly overlooks the inviting family room, where a cozy wood-burning fireplace creates a warm and welcoming atmosphere. A walkout leads to a spacious deck and landscaped backyard, perfect for outdoor dining, relaxing, and hosting family and friends.The private upper-level primary suite offers a peaceful retreat, complete with a walk-in closet and luxurious ensuite bath. Additional bedrooms provide comfort and flexibility for children, guests, or a home office.Set in a highly desirable and private location, this home is within walking distance to some of Oakville's top-ranked schools and only minutes from the lake, Gairloch Gardens, downtown Oakville, boutique shopping, fine dining, parks, trails, and recreational amenities.A rare opportunity to own a renovated family home in prestigious Morrison - one of Southeast Oakville's most coveted communities.
Key facts
- Property type
- Detached, 1 1/2 Storey
- MLS®
- W13131750
- Bedrooms
- 4
- Bathrooms
- 3
- Size
- 3000-3500
- Lot
- 116 × 130 ft
- Cross streets
- Trelawn Ave&Lakeshore Rd East
- Parking
- 2 garage · 6 parking (attached)
- Driveway
- Front Yard Parking
- Basement
- Partially Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Stucco (Plaster)
- Foundation
- Concrete Block
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $12,661 / 2025
- Days on market
- 64
- Listing brokerage
- Re/Max Hallmark Realty Ltd.
Rooms
3 Pc Bath
Listed at $2,899,000, this home is tracking about 23% below a wider set of listings, though close matches were thin, so it is worth confirming with a precise CMA rather than reading it as a clear deal. The number above is my independent estimate of value, not the asking price.
There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.
Based on 43 similar homes nearby, adjusted for size, beds, and baths.Median of 43 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $2.82M, lower than the comparables and worth a second look. The comparable range is wide here, so treat this as a rough read until I run a full CMA.
How I got there
Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.
- Closest comparable, listed at $3.45M
- Bedrooms −$30K
- Bathrooms −$30K
- Adjusts to $3.39M
That comparable adjusts to $3.39M; the $3.75M estimate above is the median of all 43 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.
On location, this is a more car-dependent spot, so buyers here typically drive. Devon Rd + Cairncroft Rd is about a 10-minute walk away. Worth weighing if transit access matters to you.
Total price vs nearby homes. Fair value about $3.75M, median of 43 comparables.
What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.
- Finished basement: added living space, worth checking ceiling height and that the work was permitted.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
- Open-concept layout: modern, sought-after flow.
- Value driver
- Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 8 active listings nearby.
See all comparable homesThis home lists 37% below the area average of $1,408/sqft.
59 days longer than the Oakville average (5 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Morrison, Oakville, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
Car-DependentA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.
Almost all errands require a car.
🚉 Nearest transit: Devon Rd + Cairncroft Rd, about 816 m away
Within a 15-minute (1.5 km) walk.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Oakville.
Get the full neighbourhood report (schools, parks, transit & safety) →
Affordability & Mortgage
Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.
Calculate and customize your mortgage and other expenses
Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.
Your numbers
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 18, 2026); conventional rates run a little higher.
Mortgage amount $2,319,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $12,376
- Property tax
- $1,055
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $13,431
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $58,950
- Estimated closing costs
- $58,950
Plus your down payment of $579,800. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.
Over the full 25 years
At the end of your 5-year term
- Total paid over the term
- $742,567
- Principal paid down
- $295,351
- Interest paid
- $447,216
- Balance remaining
- $2,023,849
Talk to Team Asgarian about your options
Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.
Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.
Investor snapshot
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of Re/Max Hallmark Realty Ltd.. MLS®/PropTx.